We’ve all heard of the sharing economy and the gig economy, but a new business model is quietly introducing itself across many consumer-facing industries. It’s an extreme form of the convenience economy that I like to term the “lazy economy.” The term is somewhat tongue-in-cheek, but there’s some real implications in these nascent business models for CIOs.
As you might expect, the lazy economy is characterized by hyper-convenient products and services that go the extra mile for the customer. To point, in fact, where subscribing to these services as a consumer may trigger surprise from more proactive, do-it-yourself (DIY)-oriented friends. A few examples include the drone that delivers coffee to you when it detects you’re looking tired (patent stage), food delivered into your fridge while you’re out, robotic mowers that cut your garden, and gas refueling services that deliver fuel directly to your car. You could add dog walking services to the list as well.
Read More from This Article: IDG Contributor Network: Introducing the “lazy economy” business model and implications for CIOs
Source: IT Strategy